Service Performance Reporting: Understanding The Reporting Requirements

Service performance reporting is now a requirement for smaller NZ charities and will be a requirement for all in future. This provides an exciting opportunity for charities and other PBEs to tell their story of why they exist and what they have set out to and have achieved.

In this webinar, Craig Fisher and Wayne Tukiri of RSM New Zealand guide you through the accounting standards reporting requirements. This will include explaining the subtle differences between tiers. Craig & Wayne will also share some best practice examples from some early adopters and innovators.

Highlights include:

• The purpose and drivers for this new reporting and how it ties in to the important international trend towards integrated reporting
• An overview of the reporting requirements under PBE SFR-A (NFP) for Tier 3 entities
• An overview of the reporting requirements under PBE SFR-C (NFP) for Tier 4 entities
• An overview of the recently issued PBE FRS 48 for tier 1 & 2
• Understanding qualitative characteristics and materiality
• Some best practice examples
• Potential challenges and focus points for members preparing service performance reports or advising and assisting clients
• Lessons from early adopters


Learning Outcomes


Upon satisfactory completion of this webinar you will be able to:

• Describe who has to comply with what in terms of service performance reporting standards.
• Explain the different reporting requirements between tiers.
• Identify common challenges and pitfalls that need to be managed/solved as part of working with these standards.
• Identify areas where you can assist clients in their understanding and information preparation for this new reporting requirement for charities.

Benefits



Expand your knowledge and skills by exploring the service performance reporting requirements